6:51pm

Pimco to launch active currency ETF

US flag flies with container ship in the background ©Getty

Fund aims to profit from expected weakness in the US dollar

Global Market Overview 9:15pm

Stocks firm but bulls struggle for impetus

Tokyo surges 1.9% after yen hits multiyear trough then rallies

From COMPANIES Feb 11, 2013

Gold miners in search of richer seams

Companies are having to reshape to generate cash

Feb 10, 2013

BlackRock ‘too big’, bemoan its rivals

More vigorous competition is required in Europe

Ignites Europe 1:49pm

ETF rivals circle in on Switzerland

Lyxor, Ossiam, Boost following BlackRock, Vanguard

Alchemy
Ignites Feb 11, 2013

Direxion settles inverse ETF claims

Fund manager paying $8m in latest investors suit over risk disclosure

Feb 10, 2013

Fund fees are ‘not sustainable’

Management charges will have to fall as long as low interest rates drive down returns

London Stock Exchange ©Bloomberg From FTFM OPINION Feb 10, 2013

Appetite for smart indices increases

More investors are adopting alternative weighted indices

Feb 10, 2013

State Street battles two US lawsuits

Company denies retaining ‘exorbitant share’ of securities lending revenues

Feb 10, 2013

Hong Kong plan will enhance its status

A proposed platform will help develop fund market in Hong Kong, mainland